NFP surprised to the upside. Now CPI could decide whether the Fed stays cautious or starts thinking about tighter policy.
If inflation comes in hotter than expected, markets may price out rate cuts and push yields higher. That could create pressure on gold and equities.
If CPI cools, the opposite reaction is possible: lower yields and stronger expectations for easier policy.
My view: the CPI surprise matters more than the headline number itself.
I’m watching the data first, then the market reaction.
#CPIWatch
If inflation comes in hotter than expected, markets may price out rate cuts and push yields higher. That could create pressure on gold and equities.
If CPI cools, the opposite reaction is possible: lower yields and stronger expectations for easier policy.
My view: the CPI surprise matters more than the headline number itself.
I’m watching the data first, then the market reaction.
#CPIWatch
